Determine the step of the accounting cycle.

Book of original entry

• 1st step

• 2nd steps

• 3rd steps

• 4th steps

Source of document

• 1st step

• 2nd steps

• 3rd steps

• 4th steps

Ledger

• 1st step

• 2nd steps

• 3rd steps

• 4th steps

Trial Balance

• 2nd steps

• 3rd steps

• 4th steps

• 5th steps

General Journal and Special Journal are part of Source document.

• True

• False

Bad debt is a part of element of adjustment.

• True

• False

Financial report is the eight steps of accounting cycle

• True

• False

Financial Statement is the seventh steps of accounting cycle

• True

• False

Financial Statement consists of Statement of Financial Position and Statement of Comprehensive Income

• True

• False

Adjusted trail balance is not part of Accounting Cycle.

• True

• False